GULF RESOURCES, INC. — Director's Dealing 2013

Nov 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GULF RESOURCES, INC. (GFRE)
CIK: 0000885462
Period of Report: 2013-11-15

Reporting Person: Miao Naihui (Director, COO and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-15	Common Stock, par value $0.0005 per share	M	200000	$0.952	Acquired	200000	Direct
2013-11-15	Common Stock, par value $0.0005 per share	F	74375	$2.56	Disposed	125625	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-15	Common Stock, par value $0.0005 per share	$0.952	M	200000	Disposed	2016-07-16	Common Stock (200000)	Direct

Footnotes

F1: Represents shares issued upon the cashless exercise of an option to purchase 200,000 shares of Common Stock at an exercise price of $0.952 per share using a fair market value of the Issuer's stock of $2.56.

F2: Represents the cashless exercise of an option to purchase shares of Common Stock at an exercise price of $0.952 per share.